SHORT ANSWER:
The last date for filing a revised income tax return is typically one year from the end of the relevant assessment year.
DETAILS:
- For example, for the assessment year 2022-23, the revised return can be filed until March 31, 2024.
- This applies to individual taxpayers under the Income Tax Act.
PUNISHMENT / IMPLICATIONS (if applicable):
- Late filing may attract penalties as per the Income Tax Act.
SOURCE:
- Income Tax Act, 1961
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